Word: accidentals
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Dates: during 1960-1969
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The Vesper crew, whose shell had been ruined in an accident before the race, never challenged the Harvard oarsmen in the 2000-meter contest. But another Vesper fours-with-cox won the afternoon's other race for the Navy Cup; the Harvard oarsmen finished fourth.
For their part, insurance companies have only limited control over most accident costs. Says Edward B. Rust, president of State Farm Mutual, the world's biggest auto insurer (annual premiums: $940 million): "The insurance company is basically only the scorekeeper." So high has the score mounted that over the...
In the face of such problems, a number of companies have found it possible to reduce costs-and create good will-by changing their methods of operation. San Francisco-based Fireman's Fund American Insurance Companies, for example, two years ago started to pay off many accident claims immediately...
* Insurance shorthand denoting limits of $10,000 in liability coverage for one accident victim, $20,000 for all victims, and $5,000 for property damage.
The existence of the veto was no accident. Cambridge's delegation to the Great and General Court (the state legislature), led by Rep. John J. Toomey, chairman of the powerful Ways and Means Committee, had fought to put it there. The veto had been effective, or so it seemed, and...